First Commonwealth's Investment Solutions provides the tools you need to make the most of your available funds.
Repurchase ("Repo") Sweep
With Controlled Disbursement, First Commonwealth will provide early morning notification (usually by 9:45 a.m.) about the checks that will be charged against your Controlled Disbursement Account, including the exact amount needed to fund the account. Funding your disbursement account(s) on a same day basis enables you to maintain your disbursement account(s) at a zero balance, allowing excess funds to be used for investment or debt reduction opportunities.
Non deposit and investment products offered by First Commonwealth Bank and its affiliates may lose value and are not FDIC insured, not insured by any Federal Government Agency, not guaranteed by the bank and are not deposits.